The Maritime Transportation Authority (MTA) announced the start of a new ferry route connecting the town of Ceiba with the island municipality of Vieques’ Mosquito Pier. This route will shorten the time it takes to connect the islands in half, to 20 minutes each way, the agency said. Initially, the trips will be limited to […]
As International Women’s Day approaches, Mastercard announces the region’s first Girls4Tech Marathon, a program to inspire girls to pursue STEM-related (Science, Technology, Engineering, and Math) futures, for the first time in a virtual series of simultaneous sessions to be held Mar. 8th in 15 countries across Latin America and the Caribbean, including Puerto Rico. Girls4Tech […]
Televisión Dominicana, which describes itself as “the official television network for the Dominican community living in both mainland US and Puerto Rico,” is now available in Puerto Rico through DirecTV Puerto Rico. Offering 24-hour programming from the Dominican Republic, audiences can tune into the network on channel 181 of DirecTV’s ‘Select’ packages and above, it […]
Puerto Rico-based Trans-Oceanic Life Insurance Co. is expanding its reach outside the island with the opening of a new operation in Orlando, seeking to cater to the large Hispanic population in that central Florida city. TOLIC, as the firm is known, has invested $10 million to grow its business there, which may also serve as […]
The Puerto Rico Treasury Department has received about 117,081 tax returns and has paid out $22.8 million in refunds a week into this year’s tax season for the 2020 individual filing cycle, agency Secretary Francisco Parés said. “We’re satisfied with the response of taxpayers to this process, which is just beginning. This pro-taxpayers tax cycle […]
The Puerto Rico Aqueduct and Sewer Authority announced plans for some $47.2 million in infrastructure projects to improve the to the water and sewerage system in western municipalities. “We’re pleased to be able to share with the mayors and legislators of Puerto Rico’s western region the resumption of our capital improvement program that will provide […]
Over the past year, thousands of students from the Boys & Girls Club of Puerto Rico have struggled with the challenges of virtual learning. To support both virtual and in-person learning, the Toyota USA Foundation awarded a total of $200,000 to three local nonprofit organizations: Boys & Girls Club of Puerto Rico; Casa de Niños […]
The Puerto del Rey marina in Fajardo recently adopted the Speedy Dock application, which provides boat owners and clients an efficient way to track their boats and schedule a launch request through mobile devices. “We’re always on the search for new technologies that will allow us to improve the services that we provide to our […]
In a recent overview of Puerto Rico’s economic panorama, analysis firm Estudios Técnicos predicted that fiscal conditions on the island could improve during the latter half of this year. In the research, the firm acknowledged that Puerto Rico’s economy continues to experience declines, but external factors such as the distribution of the COVID-19 vaccine, the […]
Oriental announced it will expand access to loans for small and medium-sized businesses (SMEs) under the US Small Business Administration’s new guidelines for the Payroll Protection Program (PPP). Oriental has already awarded some $300 million in loans to more than 3,500 businesses between the first round and so far in the second round of this […]
The Information Highway is hot and fast-moving as never before with technological trends moving nonstop up and down the fast lanes. In 2021, innovative trends are in full view and accelerated. As we cruise along, cybernauts are pushed constantly to learn the new tech, relearn the usual and unlearn the old. We have to keep […]
As it moves into serving more than 1 million new wireless customers through its acquisition of AT&T, Liberty Puerto Rico will be investing close to $70 million to integrate the networks and systems. Liberty took over the wireless carrier’s assets on Oct. 31, 2021, after which it began the process of managing and merging both […]
San Juan-based Evertec disclosed its financial results for the fourth quarter and full year ended Dec. 31 2020, reporting a 6% quarter-over-quarter revenue increase to $134.2 million and 5% revenue growth of 5% to $510.6 million year-over-year. For the fourth quarter, the firm stated that GAAP net income attributable to common shareholders was $32.3 million, […]
A total of 37 families in the town of Guayama now have a safe roof over their heads through an initiative by Habitat for Humanity of Puerto Rico and its Housing Repair Program, created to aid in the rehabilitation and reconstruction of homes across the island affected by the Hurricanes Irma and María. The project, […]
Puerto Rican financial institution Money Express is marking its first 25 years on the island looking ahead toward adopting new technologies and optimizing its branches to secure its growth. Its plans include redesigning its web page to include new products, namely “Prestamás,” which provides loans of between $5,000 and $15,000 and the alternative of applying […]
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